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Michael Cembalest Takes Us to School
The Compound and Friends
Predicting the Future of Inflation and Market Trends
Inflation is expected to stay the same or decrease in the second half of the year. The market will move on to new statistics, but there will always be a stat of the moment. Assuming no surprises, the investment market will focus on corporate profit margins and credit card reserves. Subprime auto and lower tier credit card companies are showing some weakness, but it's not as bad as in 2019.
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